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3 years ago

Why is that market economies can often allocate resources in a more efficient and robust way than centrally planned economies?

Business

1 answer:

sammy [17]3 years ago

5 0

Answer:

Because market economies want to make money

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Select the correct answer.

aalyn [17]

Answer:

Explanation:

usually when ppl have to reserve things it's usually booked

7 0

3 years ago

Read 2 more answers

According to the classification of enterprise resource planning (ERP) vendors, _____ vendors target medium-sized firms with annu

Zolol [24]

Answer:

Option C Tier 2

Explanation:

the reason is that the tier 2 vendors targets firms that are of medium sizes which means the revenue of such organization ranges between $20m to $1 billion. And this falls under the classification of Enterprise resource planning. According to a market research 200,000 US companies have met the condition for medium sized organization.

The above explanation provides reasons why option C is correct.

3 0

3 years ago

Business messages typically follow either a direct strategy or an indirect strategy. The direct strategy, or frontloading, place

UkoKoshka [18]

Answer:

The statement is: True.

Explanation:

In Business writing, there are two methods of composing a message. The direct strategy starts by providing the purpose of the message at the beginning and adds supporting details in the body. The indirect strategy starts by providing supporting details to attract the audience and ends giving the main idea of the speech.

6 0

3 years ago

What is a trust established while the owner of the trust is still alive

Yuri [45]

Answer:

A trust created while a person is still alive is called a Living Trust. The Living Trust is created when one person, a Grantor, places property into the trust.

Explanation:

5 0

3 years ago

Brief Exercise 24-2 Hsung Company accumulates the following data concerning a proposed capital investment: cash cost $216,758, n

Tanzania [10]

Answer:

Net Present Value = $12,400

Since net present value is positive, the investment shall be made.

Explanation:

Capital outlay = $216,758

Cash inflow every year = $43,900

Period = 10 Years

Net Present Value = Present value of cash inflow - Present value of cash outflow

Present Value of Cash Inflow = Cash inflow each year X Present value factor of cash inflows for years

= $43,900 X 5.22

= $229,158

Present value of cash outflow = $216,758

Net Present Value = $229,158 - $216,758 = $12,400

Since net present value is positive, the investment shall be made.

Net Present Value measures the net effect of an investment discounted at current rate of interest, i.e. cost of capital.

Final Answer

Net Present Value = $12,400

Since net present value is positive, the investment shall be made.

3 0

4 years ago